What's the difference between 최저시급 versus 최저임금?

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I've recently been talking with people about the rising minimum wage in Korea and colloquially heard them refer to it as 최저시급.



I looked this phrase up in the dictionary, however, and couldn't find it, but I did find 최저임금.



Is there a difference between the two? Can they be used interchangeably?




Edit: Changed 시금 to 시급 based on a helpful comment.







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  • 1




    Are you sure it's not 최저시급 that you've heard? 시급 is another word for hourly wages
    – gaeguri
    Aug 23 at 6:05










  • @gaeguri Not sure. That was probably it! Thank you.
    – kazzyt
    Aug 23 at 6:06











  • Although if I search naver.com for 최저시금, I get a few hits - but my guess is that people are mistakenly combining 임금 and 시급.
    – gaeguri
    Aug 23 at 6:08














up vote
2
down vote

favorite












I've recently been talking with people about the rising minimum wage in Korea and colloquially heard them refer to it as 최저시급.



I looked this phrase up in the dictionary, however, and couldn't find it, but I did find 최저임금.



Is there a difference between the two? Can they be used interchangeably?




Edit: Changed 시금 to 시급 based on a helpful comment.







share|improve this question


















  • 1




    Are you sure it's not 최저시급 that you've heard? 시급 is another word for hourly wages
    – gaeguri
    Aug 23 at 6:05










  • @gaeguri Not sure. That was probably it! Thank you.
    – kazzyt
    Aug 23 at 6:06











  • Although if I search naver.com for 최저시금, I get a few hits - but my guess is that people are mistakenly combining 임금 and 시급.
    – gaeguri
    Aug 23 at 6:08












up vote
2
down vote

favorite









up vote
2
down vote

favorite











I've recently been talking with people about the rising minimum wage in Korea and colloquially heard them refer to it as 최저시급.



I looked this phrase up in the dictionary, however, and couldn't find it, but I did find 최저임금.



Is there a difference between the two? Can they be used interchangeably?




Edit: Changed 시금 to 시급 based on a helpful comment.







share|improve this question














I've recently been talking with people about the rising minimum wage in Korea and colloquially heard them refer to it as 최저시급.



I looked this phrase up in the dictionary, however, and couldn't find it, but I did find 최저임금.



Is there a difference between the two? Can they be used interchangeably?




Edit: Changed 시금 to 시급 based on a helpful comment.









share|improve this question













share|improve this question




share|improve this question








edited Aug 24 at 7:47









solid_luffy

328110




328110










asked Aug 23 at 6:00









kazzyt

510210




510210







  • 1




    Are you sure it's not 최저시급 that you've heard? 시급 is another word for hourly wages
    – gaeguri
    Aug 23 at 6:05










  • @gaeguri Not sure. That was probably it! Thank you.
    – kazzyt
    Aug 23 at 6:06











  • Although if I search naver.com for 최저시금, I get a few hits - but my guess is that people are mistakenly combining 임금 and 시급.
    – gaeguri
    Aug 23 at 6:08












  • 1




    Are you sure it's not 최저시급 that you've heard? 시급 is another word for hourly wages
    – gaeguri
    Aug 23 at 6:05










  • @gaeguri Not sure. That was probably it! Thank you.
    – kazzyt
    Aug 23 at 6:06











  • Although if I search naver.com for 최저시금, I get a few hits - but my guess is that people are mistakenly combining 임금 and 시급.
    – gaeguri
    Aug 23 at 6:08







1




1




Are you sure it's not 최저시급 that you've heard? 시급 is another word for hourly wages
– gaeguri
Aug 23 at 6:05




Are you sure it's not 최저시급 that you've heard? 시급 is another word for hourly wages
– gaeguri
Aug 23 at 6:05












@gaeguri Not sure. That was probably it! Thank you.
– kazzyt
Aug 23 at 6:06





@gaeguri Not sure. That was probably it! Thank you.
– kazzyt
Aug 23 at 6:06













Although if I search naver.com for 최저시금, I get a few hits - but my guess is that people are mistakenly combining 임금 and 시급.
– gaeguri
Aug 23 at 6:08




Although if I search naver.com for 최저시금, I get a few hits - but my guess is that people are mistakenly combining 임금 and 시급.
– gaeguri
Aug 23 at 6:08










1 Answer
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임금 means 'pay'. It includes all kinds of income; annual pay, monthly pay, weekly wage, daily wage and hourly wage.
시급 only means hourly wage.



Thus, 최저임금 means minimum wage and 최저시급 means minimum hourly wage.
However, 최저임금 and 최저시급 are used much in the same sense.






share|improve this answer
















  • 1




    Also worth noting that the "Minimum Wage Committee" in South Korea currently determines the minimum hourly wage. For example, the minimum wage of 2019 was determined to be 8350 Won/hr, increasing 10.9% from 7530 Won/hr this year. So, when people talk about, e.g., "최저임금 1만원 시대", they're talking about minimum wage per hour (i.e., 최저시급). Example news article: biz.chosun.com/site/data/html_dir/2018/07/14/2018071400247.html
    – jick
    Aug 23 at 16:27










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1 Answer
1






active

oldest

votes








1 Answer
1






active

oldest

votes









active

oldest

votes






active

oldest

votes








up vote
6
down vote



accepted










임금 means 'pay'. It includes all kinds of income; annual pay, monthly pay, weekly wage, daily wage and hourly wage.
시급 only means hourly wage.



Thus, 최저임금 means minimum wage and 최저시급 means minimum hourly wage.
However, 최저임금 and 최저시급 are used much in the same sense.






share|improve this answer
















  • 1




    Also worth noting that the "Minimum Wage Committee" in South Korea currently determines the minimum hourly wage. For example, the minimum wage of 2019 was determined to be 8350 Won/hr, increasing 10.9% from 7530 Won/hr this year. So, when people talk about, e.g., "최저임금 1만원 시대", they're talking about minimum wage per hour (i.e., 최저시급). Example news article: biz.chosun.com/site/data/html_dir/2018/07/14/2018071400247.html
    – jick
    Aug 23 at 16:27














up vote
6
down vote



accepted










임금 means 'pay'. It includes all kinds of income; annual pay, monthly pay, weekly wage, daily wage and hourly wage.
시급 only means hourly wage.



Thus, 최저임금 means minimum wage and 최저시급 means minimum hourly wage.
However, 최저임금 and 최저시급 are used much in the same sense.






share|improve this answer
















  • 1




    Also worth noting that the "Minimum Wage Committee" in South Korea currently determines the minimum hourly wage. For example, the minimum wage of 2019 was determined to be 8350 Won/hr, increasing 10.9% from 7530 Won/hr this year. So, when people talk about, e.g., "최저임금 1만원 시대", they're talking about minimum wage per hour (i.e., 최저시급). Example news article: biz.chosun.com/site/data/html_dir/2018/07/14/2018071400247.html
    – jick
    Aug 23 at 16:27












up vote
6
down vote



accepted







up vote
6
down vote



accepted






임금 means 'pay'. It includes all kinds of income; annual pay, monthly pay, weekly wage, daily wage and hourly wage.
시급 only means hourly wage.



Thus, 최저임금 means minimum wage and 최저시급 means minimum hourly wage.
However, 최저임금 and 최저시급 are used much in the same sense.






share|improve this answer












임금 means 'pay'. It includes all kinds of income; annual pay, monthly pay, weekly wage, daily wage and hourly wage.
시급 only means hourly wage.



Thus, 최저임금 means minimum wage and 최저시급 means minimum hourly wage.
However, 최저임금 and 최저시급 are used much in the same sense.







share|improve this answer












share|improve this answer



share|improve this answer










answered Aug 23 at 7:49









jungyh0218

1,17538




1,17538







  • 1




    Also worth noting that the "Minimum Wage Committee" in South Korea currently determines the minimum hourly wage. For example, the minimum wage of 2019 was determined to be 8350 Won/hr, increasing 10.9% from 7530 Won/hr this year. So, when people talk about, e.g., "최저임금 1만원 시대", they're talking about minimum wage per hour (i.e., 최저시급). Example news article: biz.chosun.com/site/data/html_dir/2018/07/14/2018071400247.html
    – jick
    Aug 23 at 16:27












  • 1




    Also worth noting that the "Minimum Wage Committee" in South Korea currently determines the minimum hourly wage. For example, the minimum wage of 2019 was determined to be 8350 Won/hr, increasing 10.9% from 7530 Won/hr this year. So, when people talk about, e.g., "최저임금 1만원 시대", they're talking about minimum wage per hour (i.e., 최저시급). Example news article: biz.chosun.com/site/data/html_dir/2018/07/14/2018071400247.html
    – jick
    Aug 23 at 16:27







1




1




Also worth noting that the "Minimum Wage Committee" in South Korea currently determines the minimum hourly wage. For example, the minimum wage of 2019 was determined to be 8350 Won/hr, increasing 10.9% from 7530 Won/hr this year. So, when people talk about, e.g., "최저임금 1만원 시대", they're talking about minimum wage per hour (i.e., 최저시급). Example news article: biz.chosun.com/site/data/html_dir/2018/07/14/2018071400247.html
– jick
Aug 23 at 16:27




Also worth noting that the "Minimum Wage Committee" in South Korea currently determines the minimum hourly wage. For example, the minimum wage of 2019 was determined to be 8350 Won/hr, increasing 10.9% from 7530 Won/hr this year. So, when people talk about, e.g., "최저임금 1만원 시대", they're talking about minimum wage per hour (i.e., 최저시급). Example news article: biz.chosun.com/site/data/html_dir/2018/07/14/2018071400247.html
– jick
Aug 23 at 16:27

















 

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